Simon Property Group (NYSE:SPG) Updates FY 2026 Earnings Guidance

Simon Property Group (NYSE:SPG) updated its FY 2026 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 13.200-13.300 for the period, compared to the consensus estimate of 13.210. The company issued revenue guidance of -.

Analyst Ratings Changes

SPG has been the subject of several analyst reports. Evercore set a $215.00 price target on shares of Simon Property Group in a report on Tuesday, July 7th. UBS Group upped their price objective on shares of Simon Property Group from $199.00 to $222.00 and gave the stock a “neutral” rating in a research note on Thursday, July 9th. Citigroup lifted their target price on shares of Simon Property Group from $189.00 to $205.00 and gave the company a “neutral” rating in a research note on Thursday, May 14th. Truist Financial boosted their target price on Simon Property Group from $196.00 to $215.00 and gave the stock a “hold” rating in a report on Tuesday, June 23rd. Finally, Deutsche Bank Aktiengesellschaft lowered Simon Property Group from a “buy” rating to a “hold” rating and set a $220.00 price target on the stock. in a research report on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $221.07.

Simon Property Group Price Performance

Simon Property Group stock opened at $219.61 on Wednesday. The business’s 50-day simple moving average is $221.47 and its 200 day simple moving average is $205.34. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 4.68. The stock has a market cap of $71.22 billion, a price-to-earnings ratio of 15.49, a P/E/G ratio of 2.85 and a beta of 1.30. Simon Property Group has a 12-month low of $165.37 and a 12-month high of $238.50.

Simon Property Group (NYSE:SPG) last issued its quarterly earnings results on Monday, August 10th. The real estate investment trust reported $1.49 EPS for the quarter, missing the consensus estimate of $1.64 by ($0.15). The business had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.61 billion. Simon Property Group had a return on equity of 91.46% and a net margin of 66.56%.The firm’s quarterly revenue was up 19.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.70 EPS. Simon Property Group has set its FY 2026 guidance at 13.200-13.300 EPS. As a group, research analysts anticipate that Simon Property Group will post 13.21 earnings per share for the current year.

Simon Property Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 9th will be paid a dividend of $2.25 per share. The ex-dividend date of this dividend is Wednesday, September 9th. This represents a $9.00 annualized dividend and a yield of 4.1%. Simon Property Group’s dividend payout ratio (DPR) is presently 63.47%.

Insider Buying and Selling

In other Simon Property Group news, Director Reuben S. Leibowitz bought 508 shares of the firm’s stock in a transaction on Tuesday, June 30th. The stock was purchased at an average cost of $223.38 per share, with a total value of $113,477.04. Following the completion of the purchase, the director owned 55,797 shares in the company, valued at approximately $12,463,933.86. The trade was a 0.92% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Glyn Aeppel acquired 243 shares of the business’s stock in a transaction dated Tuesday, June 30th. The shares were acquired at an average price of $223.36 per share, for a total transaction of $54,276.48. Following the acquisition, the director directly owned 21,067 shares in the company, valued at $4,705,525.12. This represents a 1.17% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired 2,387 shares of company stock worth $533,056 over the last ninety days. Insiders own 8.73% of the company’s stock.

More Simon Property Group News

Here are the key news stories impacting Simon Property Group this week:

• Positive Sentiment: Simon reported second-quarter real estate FFO of $3.29 per share, above the $3.18 consensus estimate and up from $3.05 a year earlier. Revenue rose 19.5% year over year to approximately $1.79 billion, exceeding expectations. Simon Property Q2 FFO and Revenues Top Estimates
• Positive Sentiment: Management cited record leasing activity, higher retailer sales, accelerating shopper traffic, and strong performance at premium outlets and other destinations. Retailer sales increased 13.9%, suggesting continued demand for Simon’s high-quality retail properties. Simon Property Group Leverages Live Events to Drive Retailer Sales Growth
• Positive Sentiment: Simon raised its 2026 real estate FFO guidance to $13.20–$13.30 per share, broadly in line with or slightly above analyst expectations. Acquisitions and leasing gains were identified as key growth drivers. Simon Reports Second Quarter Results and Increases Guidance
• Positive Sentiment: Ladenburg Thalmann raised its SPG price target from $250 to $275 and maintained a Buy rating, indicating confidence that the earnings momentum can support further valuation upside. Simon Property Price Target Raised
• Positive Sentiment: Simon declared a quarterly common-stock dividend of $2.25 per share, equivalent to an annualized yield of roughly 4.1%, reinforcing the stock’s appeal to income-focused investors.
• Neutral Sentiment: The company’s reported EPS of $1.49 was below the $1.64 analyst consensus, although FFO—the more relevant REIT profitability measure—beat expectations.
• Positive Sentiment: Saks Global’s store closures could ultimately benefit Simon because vacated space may be re-leased at substantially higher rents; the mall owner is reportedly positioned to more than double the prior rent stream from the affected space. Simon Could Benefit From Saks Global Closures

Institutional Investors Weigh In On Simon Property Group

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. State Street Corp boosted its position in Simon Property Group by 1.5% during the 3rd quarter. State Street Corp now owns 21,765,492 shares of the real estate investment trust’s stock worth $4,084,730,000 after acquiring an additional 312,995 shares during the last quarter. Wellington Management Group LLP grew its position in Simon Property Group by 7.7% in the fourth quarter. Wellington Management Group LLP now owns 7,939,861 shares of the real estate investment trust’s stock valued at $1,469,748,000 after purchasing an additional 569,772 shares in the last quarter. Morgan Stanley increased its stake in Simon Property Group by 1.4% in the 4th quarter. Morgan Stanley now owns 5,423,378 shares of the real estate investment trust’s stock valued at $1,003,922,000 after buying an additional 76,636 shares during the last quarter. Northern Trust Corp increased its stake in Simon Property Group by 1.6% in the 3rd quarter. Northern Trust Corp now owns 5,344,170 shares of the real estate investment trust’s stock valued at $1,002,940,000 after buying an additional 82,550 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in Simon Property Group by 4.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,243,351 shares of the real estate investment trust’s stock worth $785,487,000 after buying an additional 181,136 shares in the last quarter. Institutional investors and hedge funds own 93.01% of the company’s stock.

About Simon Property Group

Simon Property Group, Inc (NYSE: SPG) is a publicly traded real estate investment trust (REIT) that owns, develops and manages retail real estate properties. Its core business activities include acquisition, development, leasing and property management of regional malls, outlet centers and mixed?use retail destinations. The company operates retail brands that include high?profile regional shopping centers and the Premium Outlets platform, and it provides services such as tenant leasing, marketing, property operations and capital projects to optimize asset performance.

Simon’s portfolio spans a broad mix of enclosed malls, open?air centers, outlet properties and mixed?use developments, and the company pursues redevelopment and repositioning to adapt properties to changing consumer and retail trends.